41,020 Shares in Newmont Corporation $NEM Purchased by Uncommon Cents Investing Inc

Uncommon Cents Investing Inc bought a new position in shares of Newmont Corporation (NYSE:NEM) during the 3rd quarter, Holdings Channel.com reports. The fund bought 41,020 shares of the basic materials company’s stock, valued at approximately $4,731,000. Newmont accounts for 1.0% of Uncommon Cents Investing Inc’s investment portfolio, making the stock its 29th largest holding.

Several other hedge funds also recently made changes to their positions in the business. Nisa Investment Advisors LLC bought a new position in Newmont during the 3rd quarter worth $17,759,000. Harfst & Associates Inc. bought a new stake in shares of Newmont during the 3rd quarter valued at $1,829,000. Robeco Institutional Asset Management B.V. bought a new stake in shares of Newmont during the 3rd quarter valued at $455,399,000. Diversify Advisory Services LLC bought a new stake in shares of Newmont during the 3rd quarter valued at $2,553,000. Finally, Robinson Value Management Ltd. acquired a new stake in shares of Newmont during the 3rd quarter worth $5,117,000. 68.85% of the stock is owned by institutional investors.

More Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Bernstein reportedly raised its Newmont price target to $150, signaling increased confidence in the gold producer’s valuation and potential upside. Bernstein raises Newmont price target
• Positive Sentiment: Citigroup lifted its Newmont price target to $140 from $125, adding to the constructive analyst view and suggesting potential appreciation from current levels. Citigroup adjusts Newmont price target
• Positive Sentiment: Newmont is included among gold stocks considered worth researching or buying after recent weakness, which could support investor interest if gold prices stabilize. Gold stocks worth buying on weakness
• Neutral Sentiment: Articles are highlighting Wall Street estimates for Newmont’s key third-quarter metrics for the quarter ended September 2026. The coverage may increase attention ahead of earnings, but it does not provide new reported results. Newmont Q3 performance estimates
• Neutral Sentiment: An options-focused article discusses using a naked put as an earnings strategy, reflecting elevated volatility and investor interest rather than a fundamental change in Newmont’s outlook. Newmont earnings options strategy
• Negative Sentiment: National Bank Financial lowered its price target to $135 from $140 and kept a “sector perform” rating, indicating more cautious expectations even though the revised target still implies upside. National Bank Financial rating update
• Negative Sentiment: Gold has retreated about 0.5% to roughly $4,120 an ounce as investors consider the possibility of higher interest rates. A stronger rate outlook can pressure non-yielding bullion and weigh on gold-mining shares, including NEM.

Insider Transactions at Newmont

In other Newmont news, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the transaction, the chief financial officer owned 29,324 shares in the company, valued at $3,081,659.16. The trade was a 28.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Natascha Viljoen sold 7,764 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total value of $807,456.00. Following the transaction, the chief executive officer directly owned 135,235 shares of the company’s stock, valued at approximately $14,064,440. The trade was a 5.43% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 35,973 shares of company stock valued at $3,927,169. Corporate insiders own 0.06% of the company’s stock.

Newmont Stock Down 1.1%

Shares of NEM opened at $116.75 on Wednesday. Newmont Corporation has a one year low of $76.05 and a one year high of $135.29. The company has a market cap of $123.02 billion, a P/E ratio of 14.74, a P/E/G ratio of 2.19 and a beta of 0.51. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26. The firm has a 50 day simple moving average of $122.07 and a two-hundred day simple moving average of $110.98.

Newmont (NYSE:NEM) last released its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.05. The firm had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%. During the same period in the prior year, the company earned $1.43 earnings per share. Research analysts forecast that Newmont Corporation will post 9.04 EPS for the current fiscal year.

Newmont Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. Newmont’s payout ratio is 13.13%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on NEM shares. Sanford C. Bernstein decreased their price target on Newmont from $147.00 to $144.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 9th. Weiss Ratings raised Newmont from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. BMO Capital Markets upped their price objective on shares of Newmont from $135.00 to $145.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 29th. National Bank Financial cut their price objective on shares of Newmont from $140.00 to $135.00 and set a “sector perform” rating for the company in a research report on Tuesday. Finally, Barclays reduced their price objective on shares of Newmont from $124.00 to $123.00 and set an “overweight” rating on the stock in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Newmont currently has an average rating of “Moderate Buy” and a consensus price target of $133.92.

About Newmont

Newmont Corporation (NYSE:NEM) is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.

Founded in 1921, Newmont has grown into one of the world’s largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.